Financial
Distress signals
Property profile

8989 Herrmann Dr Columbia, MD 21045

FOR LEASE
Life science properties
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Property ID
US40-0980537
40,285 SF 1.22 ac lot Built 1982
Last sale May 2025 · $7,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$24k
Tax billed · 2022
Assessed value · 2023$2.49M
Assessed land$319k
Assessed improvement$2.17M
Effective rate0.97%

Value estimate

· Sep 2026
$4.90M
$4.41M – $5.38M
NOI build-up
Gross scheduled income$532k
Vacancy & credit loss−$27k
Operating expenses−$152k
NOI · 2,720,169.23% cap applied$354k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,720,169.23%
$354k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NT
No NT District shall be created except by the procedure set forth herein, Each NT District must contain a total area of at least 2,500 co...
General categoryUNKNOWN
JurisdictionHOWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.6
Pawn Shop11.1
Home Appliance Store9.4

Location

8989 Herrmann Dr Columbia, MD 21045
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 14 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
6905 Oak Hall, Columbia, MD 21045 $27,450,000 Dec 2019 51,715 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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